5 Reasons People Need Health Insurance

Health insurance costs are not always easy on the budget. When you are an active and relatively healthy person in the prime age, you might feel like the cost of medical insurance is unappealing and you can go on without it. However, you’re doing yourself a disservice by going on uninsured and there might be a time when you wish you’d thought harder about getting medical insurance.

In fact, there are five compelling reasons you need health insurance.

1: The law requires you to have it

The most obvious reason for having medical insurance is, in many cases, the fact that it’s legally required. In the UAE, residents must have appropriate health insurance and if you don’t, you might be fined. Therefore, you can’t just assume that health insurance is a matter of personal choice but you have to be aware of the legal requirements of having it.

This doesn’t mean you don’t have options in terms of what kind of cover you get. You can compare different policies, enrol on the employer’s health insurance program and so on – it’s just important to have some form of cover. So, don’t opt for the first option you see but keep your eyes open for the best deals.

2: You never know when you lose your good health

It’s also irresponsible to think you will always have your good health. If there is one thing certain in life, it is that you never know when illness strikes – no matter how healthy your lifestyle is, you can get in an accident or fall ill. It can seem rather scary but if you have proper medical insurance, you can feel a little more secure about it. If anything happens, at least you have the insurance to help you get back on your feet.

You will, of course, improve your health by making healthy choices. If you eat healthy foods, get enough sleep and you exercise regularly, you can keep off common ailments and live a healthier life. However, you can’t ever remove the risk of accidents or illness completely and therefore, medical insurance is a must-have.

3: The cost of medical emergencies could bankrupt you

You don’t only risk fines by going without medical insurance, you might even bankrupt yourself by not getting a proper cover. Health insurance costs are nothing compared the cost of a medical emergency. A simple car accident could end up costing you a fortune – even if you come out with just broken bones and bruises. Therefore, you will be able to secure your financial future by obtaining medical insurance.

If you are worried about health insurance costs, you have different options available. You can compare different providers, play around with your premiums and avoid claiming until you absolutely have to.

4: You can prevent medical issues turning into big problems

Interestingly, medical insurance can actually help you stay healthier. When you are paying for health insurance, you are more likely to visit the doctor regularly and to check your medical problems before they turn into something big. Many things, such as cancer, are treatable in the modern world if only it is caught in time – the longer you wait, the worse the problem gets. Therefore, by having health insurance you may be improving the quality of your life.

Not to mention the fact that finding health insurance after you’ve been found chronically ill can be difficult. Health insurance costs can be higher when you have a pre-existing condition and therefore, buying health insurance before you get sick will end up being more beneficial to you in so many ways. In fact, research has shown people with medical insurance being healthier but also happier!

5: You’ll gain more peace of mind

Overall, sorting out your health insurance needs will provide you with peace of mind. You don’t have to worry about what happens if you get sick. You will be able to access good quality care and you know health insurance costs will be kept in check – you can focus on getting better rather than worrying about money. You don’t need to worry about changing jobs or going on travels. This is a good thing in our modern, hectic world. Any removal of stress is a good thing.

The above five reasons should convince you to obtain medical insurance. You should make this investment because it is an investment you make in your future. You have probably invested in your education or your home, so you shouldn’t be afraid to also invest in your wellbeing.

As mentioned, look around to ensure health insurance costs don’t rise up too high. You can compare prices and find medical insurance with different kinds of cover – pick the one that suits your lifestyle and health the best. You’ll soon be feeling less stressed and much happier – and you don’t have to worry about your